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Barksdale Announces Ceo Transition

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Barksdale Resources Corp (TSXV: BRO) (OTCQX: BRKCF) has announced a leadership transition as Rick Trotman steps down from his position as President and CEO, effective February 5, 2025. William Wulftange, a current board member since 2020, has been appointed as interim CEO.

Wulftange brings significant experience as an exploration geologist, having contributed to the discovery and development of major mines including Paradise Peak Mine in Nevada, El Peñón mine in Chile, and Cerro Negro Mine in Argentina. He previously served as SVP of Global Exploration for Yamana Gold until his retirement in 2018.

In his new role, Wulftange will focus on completing the earn-in for the company's flagship Sunnyside Project. The Board will conduct a search for a permanent CEO in the coming months.

Barksdale Resources Corp (TSXV: BRO) (OTCQX: BRKCF) ha annunciato una transizione nella leadership con le dimissioni di Rick Trotman dal suo incarico di Presidente e CEO, a partire dal 5 febbraio 2025. William Wulftange, attuale membro del consiglio dal 2020, è stato nominato CEO ad interim.

Wulftange porta un'esperienza significativa come geologo esplorativo, avendo contribuito alla scoperta e allo sviluppo di importanti miniere, tra cui la Paradise Peak Mine in Nevada, la miniera El Peñón in Cile e la Cerro Negro Mine in Argentina. In precedenza, ha ricoperto il ruolo di SVP per l'Esplorazione Globale in Yamana Gold fino al suo ritiro nel 2018.

Nel suo nuovo ruolo, Wulftange si concentrerà sul completamento del guadagno per il progetto di punta dell'azienda, il Sunnyside Project. Il consiglio di amministrazione effettuerà una ricerca per un CEO permanente nei prossimi mesi.

Barksdale Resources Corp (TSXV: BRO) (OTCQX: BRKCF) ha anunciado una transición en el liderazgo, ya que Rick Trotman renuncia a su puesto como Presidente y CEO, a partir del 5 de febrero de 2025. William Wulftange, un miembro actual de la junta desde 2020, ha sido nombrado CEO interino.

Wulftange aporta una experiencia significativa como geólogo de exploración, habiendo contribuido al descubrimiento y desarrollo de minas importantes, incluyendo la Paradise Peak Mine en Nevada, la mina El Peñón en Chile y la Cerro Negro Mine en Argentina. Anteriormente, se desempeñó como SVP de Exploración Global en Yamana Gold hasta su retiro en 2018.

En su nuevo rol, Wulftange se concentrará en completar el earn-in para el proyecto insignia de la empresa, el Sunnyside Project. La Junta llevará a cabo una búsqueda de un CEO permanente en los próximos meses.

Barksdale Resources Corp (TSXV: BRO) (OTCQX: BRKCF)는 Rick Trotman이 2025년 2월 5일자로 사장 및 CEO 자리에서 물러난다고 발표했습니다. William Wulftange는 2020년부터 현재 이사회 회원이며, 임시 CEO로 임명되었습니다.

Wulftange는 탐사 지질학자로서 주요 광산의 발견 및 개발에 기여한 상당한 경험을 가지고 있으며, 네바다의 Paradise Peak Mine, 칠레의 El Peñón Mine, 아르헨티나의 Cerro Negro Mine을 포함합니다. 그는 2018년 은퇴할 때까지 Yamana Gold에서 글로벌 탐사 SVP로 근무했습니다.

Wulftange는 새로운 역할에서 회사의 주력 프로젝트인 Sunnyside Project의 투자를 완료하는 데 집중할 것입니다. 이사회는 향후 몇 개월간 정식 CEO를 찾아볼 것입니다.

Barksdale Resources Corp (TSXV: BRO) (OTCQX: BRKCF) a annoncé une transition au sein de la direction, Rick Trotman quittant son poste de Président et CEO, à compter du 5 février 2025. William Wulftange, membre actuel du conseil depuis 2020, a été nommé CEO par intérim.

Wulftange apporte une expérience significative en tant que géologue d'exploration, ayant contribué à la découverte et au développement de grandes mines, y compris la Paradise Peak Mine au Nevada, la mine El Peñón au Chili et la Cerro Negro Mine en Argentine. Il a précédemment été SVP de l’Exploration Mondiale pour Yamana Gold jusqu'à sa retraite en 2018.

Dans son nouveau rôle, Wulftange se concentrera sur l'achèvement de l'earn-in pour le projet phare de l'entreprise, le Sunnyside Project. Le Conseil recherchera un CEO permanent dans les mois à venir.

Barksdale Resources Corp (TSXV: BRO) (OTCQX: BRKCF) hat den Übergang in der Führung angekündigt, da Rick Trotman mit Wirkung zum 5. Februar 2025 von seiner Position als Präsident und CEO zurücktritt. William Wulftange, ein aktuelles Vorstandsmitglied seit 2020, wurde zum interimistischen CEO ernannt.

Wulftange bringt bedeutende Erfahrung als Explosionsgeologe mit und hat zur Entdeckung und Entwicklung bedeutender Minen beigetragen, darunter die Paradise Peak Mine in Nevada, die El Peñón-Mine in Chile und die Cerro Negro Mine in Argentinien. Zuvor war er bis zu seiner Pensionierung im Jahr 2018 als SVP für Globale Exploration bei Yamana Gold tätig.

In seiner neuen Rolle wird Wulftange sich darauf konzentrieren, den Earn-in für das Flaggschiffprojekt des Unternehmens, das Sunnyside Project, abzuschließen. Der Vorstand wird in den kommenden Monaten nach einem festen CEO suchen.

Positive
  • Appointment of experienced mining executive William Wulftange as interim CEO, with proven track record in discovering world-class mines
  • Clear focus on completing the strategic earn-in for the flagship Sunnyside Project
Negative
  • Unexpected departure of CEO Rick Trotman indicates potential leadership instability
  • Interim nature of new CEO appointment creates uncertainty in long-term leadership

Vancouver, British Columbia--(Newsfile Corp. - February 6, 2025) - Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) ("Barksdale" or the "Company") announces that Rick Trotman, effective February 5, 2025, has resigned from his position as President and Chief Executive Officer of the Company. William Wulftange, who currently serves as a member of the Company's board of directors ("Board"), has been appointed Chief Executive Officer of the Company and will assume, on an interim basis, all related duties. William has served the Company in his role as Director since 2020 and will focus on completing the earn-in for Barksdale's flagship asset, the Sunnyside Project, in the coming months.

Mr. Wulftange is a seasoned exploration geologist with a track record of success in discovering and developing world-class mines including the Paradise Peak Mine in Nevada, El Peñón mine in Chile, and the Cerro Negro Mine in Argentina. Serving as SVP of Global Exploration for Yamana Gold, his key responsibilities included reserve replacement and resource growth at all operating and exploration assets until his retirement in 2018. During his 40-year career, he evaluated numerous acquisition opportunities in North and South America, making several successful recommendations. William served as President of the Society of Economic Geologists Foundation and continues to volunteer his time to the SEGF.

Darren Blasutti, Chairman of the Board, commented, "We extend our sincere gratitude to Rick for his years leading the Company's management team and focus on advancing the Sunnyside Project. The Board looks forward to supporting William in his dual capacity moving forward while a search is undertaken for a suitable candidate to fill the CEO role in the upcoming months."

In his new dual role, William stated, "I am fully prepared to take on the responsibility of interim CEO and lead the Company through our earn-in phase. This pivotal stage is essential for securing value for our investors and positioning Barksdale for sustained growth in the future."

ON BEHALF OF BARKSDALE RESOURCES CORP.

William Wulftange
Interim CEO and Director

Terri Anne Welyki
Vice President of Communications
778-238-2333
TerriAnne@barksdaleresources.com

For more information please phone 778-558-7145, email info@barksdaleresources.com or visit www.BarksdaleResources.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or" should" occur or be achieved. All statements, other than statements of historical fact, included herein, without limitation, statements relating to completing the earn-in on the Sunnyside Project are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Barksdale, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to complete the earn-in. All forward-looking statements contained in this news release are qualified by these cautionary statements and those in the Company's continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. Readers should not place undue reliance on the forward-looking statements contained in this news release concerning these items. Barksdale does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239881

FAQ

When did Rick Trotman resign as CEO of Barksdale Resources (BRKCF)?

Rick Trotman resigned from his position as President and CEO of Barksdale Resources effective February 5, 2025.

Who is the new interim CEO of Barksdale Resources (BRKCF)?

William Wulftange, who has served as a board member since 2020, has been appointed as the interim CEO of Barksdale Resources.

What is the main focus of Barksdale Resources (BRKCF) under the new interim CEO?

Under the new interim CEO, the main focus is completing the earn-in for the company's flagship Sunnyside Project in the coming months.

What is William Wulftange's background in the mining industry?

William Wulftange is an exploration geologist who previously served as SVP of Global Exploration for Yamana Gold until 2018, and has been involved in discovering major mines including Paradise Peak Mine, El Peñón mine, and Cerro Negro Mine.
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